find_rate: Find the rate for a loan given the discount factors

In tvm: Time Value of Money Functions

Find the rate for a loan given the discount factors

Description

Thru a root finding process, this function finds the rate that corresponds to a given set of discount factors, as for the loan to have the same present value discounted with the discount factors or with that constant rate

Usage

find_rate(m, d, loan_type, interval = c(1e-06, 2), tol = 1e-08)

Arguments

m	The maturity of the loan
d	The discount factor vector
loan_type	One of the loan types
interval	The interval for the root finding process
tol	The tolerance for the root finding process

Examples

find_rate(m = 3, d = c(0.99, 0.98, 0.97), loan_type = "bullet")

tvm documentation built on Aug. 30, 2023, 5:19 p.m.